While OMERS was able to report what Mr. Hutcheson called “exceptional returns,” it has not been able to quiet unions whose members are part of the OMERS plan. The unions have been criticizing OMERS’s costs and long-term financial performance, particularly after 2020. The Canadian Union of Public Employees (CUPE) Ontario, which called for an independent…
High Pay, Low Returns: Why Are OMERS’ Executives Paid So Much?
TORONTO, ON – A new report examining executive compensation at the Ontario Municipal Employees Retirement System (OMERS), released today by the Canadian Union of Public Employees (CUPE) Ontario, reinforces the urgent need for an independent review of the pension plan. The report, “High Pay, Low Returns: Why are OMERS Executives Paid So Much?”, used publicly…
In Wednesday’s report, the FAO noted Ontario will spend about $118.1-billion between 2020 and 2040. About one-third ($39.8-billion) of the money is estimated to help out “non-residential ratepayers.” That term applies to businesses and factories – any place that is not a house that buys electricity. “While two-thirds of the spending will benefit Ontario households,…
Click here to download Collective Bargaining Language For Return To Work And WSIB
CUPE Ontario, the political wing of the Canadian Union of Public Employees, also criticized the subsidies given to large businesses. “Companies like Loblaws, which have actually profited during this pandemic, are getting government money to pay their hydro bills, while public services are stretched thin due to years of underfunding,” CUPE Ontario president Fred Hahn…
Sioux Lookout, ON—Parents, workers, and community members are launching a public campaign to demand that the Municipality of Sioux Lookout reverse their decision to close Biidaaban Children’s Centre and Sioux Mountain Children’s Centre that provide quality child care to more than 200 families in the region. “Many parents are rightfully concerned and disappointed by the…
CUPE Ontario recognizes the important, extraordinary contributions that workers in the non-profit sector provide to virtually every community across our province. Against the backdrop of the COVID-19 pandemic, communities have been able to get by, and even survive, thanks to the profound, noble work of non-profit workers both on the frontline and beyond. Here in…
TORONTO, ON – The government is continuing to hand over money through electricity subsidies to large, profitable, industrial and commercial businesses, money that should instead be used to bolster critical public services that keep Ontarians safe, says the Canadian Union of Public Employees (CUPE) Ontario. “Companies like Loblaws who have actually profited during this pandemic…
Brampton, ON—Developmental service workers in Brampton and Caledon call for adequate staffing and government support to address growing staff shortages, and safety concerns, in the region. “Chronic short staffing, coupled with inadequate funding compromises the quality of life of adults with developmental disabilities. We don’t have the staffing levels needed to ensure the safety of…
